Yield Hunting Newsletter | September 2021 Commentary And Sheets
Summary
The S&P 500 rose by 3.1% in August and is now up over 22% for the year. Don't expect the last third of the year to be as good.
Interest rates ended the month higher by 5 bps but that doesn't tell the whole story of the volatility experienced on the benchmark bond.
The markets have a lot to contend with the initiation of the taper and eventually hi…
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